# Net Lease Office Properties: financial statements, quarterly

NLOP · NYSE · CIK 1952976 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nlop.md) · [Financials](/companies/nlop/financials.md) · [Filings](/companies/nlop/filings.md) · [Insiders](/companies/nlop/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/nlop/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [43.1](/filings/0001952976-24-000054.md) | [46.4 d](/filings/0001952976-26-000012.md) | [44.0](/filings/0001952976-25-000025.md) | [39.0](/filings/0001952976-25-000048.md) | [31.5](/filings/0001952976-25-000059.md) | [27.7 d](/filings/0001952976-26-000012.md) | [29.2](/filings/0001952976-26-000031.md) | [29.2](/filings/0001952976-26-000057.md) | [29.8](/filings/0001952976-25-000059.md) | [30.7 d](/filings/0001952976-26-000012.md) | [9.0](/filings/0001952976-26-000031.md) | [6.4](/filings/0001952976-26-000057.md) |
| Interest expense | $m | [8.1](/filings/0001952976-24-000054.md) | [18.2 d](/filings/0001952976-24-000019.md) | [20.8](/filings/0001952976-24-000034.md) | [27.8](/filings/0001952976-25-000048.md) | [11.7](/filings/0001952976-25-000059.md) | [7.6 d](/filings/0001952976-26-000012.md) | [5.7](/filings/0001952976-26-000031.md) | [4.4](/filings/0001952976-26-000057.md) | [1.7](/filings/0001952976-25-000059.md) | [0.9 d](/filings/0001952976-26-000012.md) | [0.4](/filings/0001952976-26-000031.md) | [0.4](/filings/0001952976-26-000057.md) |
| Income tax | $m | [0.2](/filings/0001952976-24-000054.md) | [0.1 d](/filings/0001952976-26-000012.md) | [0.2](/filings/0001952976-25-000025.md) | [0.1](/filings/0001952976-25-000048.md) | [0.5](/filings/0001952976-25-000059.md) | [(3.2) d](/filings/0001952976-26-000012.md) | [0.1](/filings/0001952976-26-000031.md) | [0.1](/filings/0001952976-26-000057.md) | [0.0](/filings/0001952976-25-000059.md) | [(0.1) d](/filings/0001952976-26-000012.md) | [0.0](/filings/0001952976-26-000031.md) | [0.0](/filings/0001952976-26-000057.md) |
| Net income | $m | [2.8](/filings/0001952976-24-000054.md) | [(142) d](/filings/0001952976-26-000012.md) | [(27.8)](/filings/0001952976-25-000025.md) | [12.5](/filings/0001952976-25-000048.md) | [(40.3)](/filings/0001952976-25-000059.md) | [(35.8) d](/filings/0001952976-26-000012.md) | [0.5](/filings/0001952976-26-000031.md) | [(81.5)](/filings/0001952976-26-000057.md) | [(64.2)](/filings/0001952976-25-000059.md) | [(0.1) d](/filings/0001952976-26-000012.md) | [25.0](/filings/0001952976-26-000031.md) | [(6.2)](/filings/0001952976-26-000057.md) |
| Diluted EPS | $ per share | [0.19](/filings/0001952976-24-000054.md) | not reported | [(1.88)](/filings/0001952976-25-000025.md) | [0.84](/filings/0001952976-25-000048.md) | [(2.73)](/filings/0001952976-25-000059.md) | not reported | [0.03](/filings/0001952976-26-000031.md) | [(5.50)](/filings/0001952976-26-000057.md) | [(4.33)](/filings/0001952976-25-000059.md) | not reported | [1.69](/filings/0001952976-26-000031.md) | [(0.42)](/filings/0001952976-26-000057.md) |
| Basic EPS | $ per share | [0.19](/filings/0001952976-24-000054.md) | not reported | [(1.88)](/filings/0001952976-25-000025.md) | [0.84](/filings/0001952976-25-000048.md) | [(2.73)](/filings/0001952976-25-000059.md) | not reported | [0.03](/filings/0001952976-26-000031.md) | [(5.50)](/filings/0001952976-26-000057.md) | [(4.33)](/filings/0001952976-25-000059.md) | not reported | [1.69](/filings/0001952976-26-000031.md) | [(0.42)](/filings/0001952976-26-000057.md) |

- Revenue: us-gaap:Revenues
- Interest expense: us-gaap:InterestExpenseNonoperating, us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [0.0](/filings/0001628280-23-039494.md) | [16.3](/filings/0001952976-26-000012.md) | [39.8](/filings/0001952976-24-000034.md) | [36.1](/filings/0001952976-24-000042.md) | [36.1](/filings/0001952976-24-000054.md) | [25.1](/filings/0001952976-26-000012.md) | [28.2](/filings/0001952976-25-000025.md) | [54.1](/filings/0001952976-25-000048.md) | [38.7](/filings/0001952976-25-000059.md) | [120](/filings/0001952976-26-000057.md) | [70.6](/filings/0001952976-26-000031.md) | [23.7](/filings/0001952976-26-000057.md) |
| Total assets | $m | [0.0](/filings/0001628280-23-039494.md) | [1,305](/filings/0001952976-25-000007.md) | [1,232](/filings/0001952976-24-000034.md) | [1,045](/filings/0001952976-24-000042.md) | [920](/filings/0001952976-24-000054.md) | [805](/filings/0001952976-26-000012.md) | [784](/filings/0001952976-25-000025.md) | [669](/filings/0001952976-25-000048.md) | [523](/filings/0001952976-25-000059.md) | [453](/filings/0001952976-26-000057.md) | [258](/filings/0001952976-26-000031.md) | [201](/filings/0001952976-26-000057.md) |
| Total liabilities | $m | not reported | [624](/filings/0001952976-25-000007.md) | [580](/filings/0001952976-24-000034.md) | [380](/filings/0001952976-24-000042.md) | [294](/filings/0001952976-24-000054.md) | [220](/filings/0001952976-26-000012.md) | [198](/filings/0001952976-25-000025.md) | [165](/filings/0001952976-25-000048.md) | [88.3](/filings/0001952976-25-000059.md) | [156](/filings/0001952976-26-000057.md) | [84.0](/filings/0001952976-26-000031.md) | [33.2](/filings/0001952976-26-000057.md) |
| Long-term debt | $m | not reported | [542](/filings/0001952976-25-000007.md) | [515](/filings/0001952976-24-000034.md) | [327](/filings/0001952976-24-000042.md) | [239](/filings/0001952976-24-000054.md) | [169](/filings/0001952976-26-000012.md) | [148](/filings/0001952976-25-000025.md) | [117](/filings/0001952976-25-000048.md) | [47.1](/filings/0001952976-25-000059.md) | [21.9](/filings/0001952976-26-000012.md) | not reported | not reported |
| Shareholders' equity | $m | [0.0](/filings/0001628280-23-039494.md) | [677](/filings/0001952976-25-000007.md) | [647](/filings/0001952976-24-000034.md) | [660](/filings/0001952976-24-000042.md) | [622](/filings/0001952976-24-000054.md) | [581](/filings/0001952976-26-000012.md) | [582](/filings/0001952976-25-000025.md) | [500](/filings/0001952976-25-000048.md) | [430](/filings/0001952976-25-000059.md) | [294](/filings/0001952976-26-000057.md) | [170](/filings/0001952976-26-000031.md) | [164](/filings/0001952976-26-000057.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Total assets: us-gaap:Assets
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [20.6 d](/filings/0001952976-24-000054.md) | [7.1 d](/filings/0001952976-26-000012.md) | [26.4](/filings/0001952976-25-000025.md) | [14.7 d](/filings/0001952976-25-000048.md) | [20.3 d](/filings/0001952976-25-000059.md) | [10.5 d](/filings/0001952976-26-000012.md) | [14.1](/filings/0001952976-26-000031.md) | [11.7 d](/filings/0001952976-26-000057.md) | [16.3 d](/filings/0001952976-25-000059.md) | [22.0 d](/filings/0001952976-26-000012.md) | [8.1](/filings/0001952976-26-000031.md) | [1.8 d](/filings/0001952976-26-000057.md) |
| Dividends paid | $m | [0.0 d](/filings/0001952976-24-000054.md) | [1.1](/filings/0001952976-26-000012.md) | [1.1](/filings/0001952976-25-000025.md) | [0.0 d](/filings/0001952976-25-000048.md) | [0.0 d](/filings/0001952976-24-000054.md) | [0.0 d](/filings/0001952976-25-000007.md) | [0.0](/filings/0001952976-25-000025.md) | [0.0 d](/filings/0001952976-25-000048.md) | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock, us-gaap:PaymentsOfDividends

## Shares

| Line item | Unit | period not labelled (2023-03-31) | period not labelled (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [14.6](/filings/0001952976-24-000034.md) | [14.6](/filings/0001952976-24-000042.md) | [14.6](/filings/0001952976-24-000054.md) | [14.8](/filings/0001952976-25-000025.md) | [14.8](/filings/0001952976-25-000048.md) | [14.8](/filings/0001952976-25-000059.md) | [14.8](/filings/0001952976-26-000031.md) | [14.8](/filings/0001952976-26-000057.md) | [14.8](/filings/0001952976-25-000059.md) | [14.8](/filings/0001952976-26-000031.md) | [14.8](/filings/0001952976-26-000057.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 14,814,075 at 2026-07-31, from the cover of the [10-Q filed 2026-08-05](/filings/0001952976-26-000057.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.